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Bosch India rolls out accelerator program for start-ups

Bosch India, an Indian subsidiary of German auto component and technology major Bosch, has launched the first accelerator program for start-ups called DNA ‘discover, nurture and align’.   The 18-week program is an intense development, mentoring and piloting platform for start-ups. This platform offers start-ups the opportunity of gaining access to …

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Demonetisation hit Indian automobile dealers seeks support to reduce inventories

Federation of Automobile Dealers Associations (FADA), apex body of authorised automobile dealers engaged in the sale, service and spares of all categories of motor vehicles, including passenger vehicles, buses, trucks, 2/3-wheelers and tractors, sought support from vehicle manufacturers and financial institutions to reduce inventories that piled up after demonetisation action taken by the Indian government. According to …

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SEMA 2016 names hottest Hatch, Sedan, Coupe, Truck and 4×4-SUV

SEMA 2016, an international automotive specialty products trade show produced by the Specialty Equipment Market Association at Las Vegas, named top trending vehicle models in five categories. Selected as the SEMA award winners by manufacturing exhibitors at the trade show are the Ford Mustang as the Hottest Coupe, the Dodge Charger as the …

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Murata acquires polymer products maker Primatec

Japan-based electronics major Murata Manufacturing has acquired polymer products major Primatec Inc in an undisclosed deal.  Through this deal, Primatec has become a wholly owned subsidiary of Murata as the later has acquired all the shares of Primatec, which is dedicated to developing, manufacturing, and selling various products founded upon …

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Honda achieves 900 dealership mark in India

Honda Motorcycle & Scooter India (HMSI) has inaugurated its 900 th dealership, crossing 4,800 mark  for its touch points across India. In the past 5 years, Honda has aggressively expanded its network foothold in Tier 1, Tier II cities and even in Tier III hubs in rural India. The company …

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Nissan India opens new parts distribution centre in Pune

Nissan India inaugurated its third regional parts distribution centre in Chakan, Pune as part of its strategy to strengthen its after sales service across the country. The Indian subsidiary of Japanese auto giant Nissan Motor claimed that it has already set industry benchmarks in parts availability with a fill rate …

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ACMA iAutoConnect 2016 witnesses over 1000 B2B meetings

Automotive Component Manufacturers Association (ACMA), the apex body representing the Indian auto component manufacturers organized the first-ever iAutoConnect 2016, an International Reverse Buyers-Sellers Meet in Gurgaon today. The Indian component industry association has organized the event with support of the Union Ministry of Commerce in a bid to enhance component …

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Inteva inaugurates India Tech Centre in Bangalore

Inteva Products LLC, the US-based Tier I automotive supplier of engineered components and systems, has set up its India Technical Centre in Bangalore. The purpose of the Bengaluru Inteva Centre is to expand the company’s technical capabilities and expand footprint in the southern region of the country. Inaugurating the technology …

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